2109.53 Judgment against fiduciary - removal. - Ohio Statutes

2109.53 Judgment against fiduciary - removal.

If a judgment is rendered against a fiduciary under section 2109.52 of the Revised Code, he shall forthwith be removed by the probate court and that part of the trust not already administered shall be committed to some other person. A fiduciary so removed shall not receive compensation for acting as fiduciary and must be charged in his account with the amount of such judgment. Such fiduciary’s property also shall be liable for the satisfaction of the judgment on execution issued thereon by his successor.

Effective Date: 10-01-1953